Search completed
Dr. Copper may get all the attention as a famed economic forecaster, but right now his poor cousin Dr. Platinum is attempting to drive its platinum dependent automobile straight off the nearest cliff! Platinum prices have been in complete freefall this spring: A spring to forget for platinum (Source: Barchart.com) A freefall which becomes especially […]
Platinum is staging a steady and impressive rally off its December 2008 lows. After dropping below 800, July Platinum futures hit as high as 1220 today, eventually settling at 1195 for the day. Platinum is mostly used in industry, but is also considered “hard money”, and maybe the 3rd most obvious hard money alternative to […]
As stocks continue to flounder, commodities continue to soar across the board. Platinum has set 7 record highs in the last 8 trading days. All wheat contracts also set all-time highs. No doubt this is a flat out bull market. But all bull markets have set backs, so we need to keep that in mind. […]
Look at cotton, coffee, and sugar, he says. This is interesting because I was really kicking myself for prematurely selling my platinum position after it took off last week due to the S Africa drama.
Recent Comments